The Hudson House
Step into the Hudson House in Vancouver Looking for a home that blends luxury and modern design? Look no further than the Hudson House in Vancouver, BC. This architectural masterpiece was created by award-winning Frits de Vries and boasts every detail from infrastructure to finish thoughtfully executed. Step into the grand foyer and you'll be greeted by a stunning curved staircase with a blackened steel handrail. A suspended Bocci chandelier creates a dramatic effect, and an elevator accesses all floors. The home's open concept indoor-outdoor living is perfect for family and entertaining. A 33' European glass wall system opens to a terrace and a garden where an ambient waterfall creates a pleasing effect. Control4 creates an ideal environment of sound, lighting & security, while a gated private property ensures ultimate privacy. A four-car garage and rough-in & plans for a pool make this space perfect for those looking for ultimate luxury. With 7,345 sq.ft of expansive living space, the Hudson House is perfect for those looking for plenty of room to spread out. And with the home stunningly reimagined, brand new from the foundation up, there's no need to worry about aging infrastructure. Come see for yourself and experience luxury redefined.
Should I Move To North Vancouver?
North Vancouver: The Perfect Place to Call Home Located on the north shore of the Burrard Inlet, North Vancouver is a beautiful and vibrant city that offers an exceptional lifestyle. With its breathtaking natural surroundings, vibrant neighborhoods, and thriving real estate market, it's no wonder why so many people are choosing to call North Vancouver home. Lifestyle in North Vancouver North Vancouver is a city that caters to an active lifestyle. The city is surrounded by mountains and oceans, providing residents with a variety of outdoor activities to enjoy. From hiking and biking to skiing and snowboarding, residents have access to an abundance of natural beauty and recreation. The city also boasts a thriving arts and culture scene, with numerous galleries, museums, and theaters to explore. Neighborhoods in North Vancouver North Vancouver is a city that is made up of several distinct neighborhoods, each with its unique character and charm. The city's oldest neighborhood is Lower Lonsdale, which is known for its vibrant waterfront community and trendy shops and restaurants. Other popular neighborhoods include Edgemont Village, which is known for its upscale boutiques and cafes, and Lynn Valley, which is home to some of the city's best hiking trails and parks. Real Estate News in North Vancouver The North Vancouver real estate market is one of the hottest in the country. According to the Real Estate Board of Greater Vancouver, the average price of a detached home in North Vancouver is $1,763,500, while the average price of a condo is $652,200. Despite the high prices, the demand for North Vancouver real estate continues to grow, with many buyers attracted to the city's exceptional lifestyle and natural beauty. Why Live in North Vancouver? North Vancouver offers residents an excellent quality of life. The city's natural surroundings, extensive outdoor recreation opportunities, and thriving arts and culture scene make it an ideal place to call home. Additionally, North Vancouver's strong economy, excellent schools, and low crime rate make it a safe and secure place to raise a family. In conclusion, North Vancouver is a beautiful and vibrant city that offers an exceptional lifestyle. With its breathtaking natural surroundings, vibrant neighborhoods, and thriving real estate market, it's no wonder why so many people are choosing to call North Vancouver home. Whether you're looking for an active outdoor lifestyle or a thriving arts and culture scene, North Vancouver has something for everyone. So, why not make North Vancouver your next home?
Bank of Canada Raises Key Interest Rate 25 Basis Points
As expected the Bank of Canada has raised the interest rate by .25%. This is the result of the ongoing battle to reduce inflation in Canadian marketplace and help stabilize the economy. On a positive note, the Inflation rate has declined from 8.1% in June 2022 to 6.3% in December 2022. Inflation is projected to come down significantly this year to around 3.0% in the middle of 2023 and back to the normal 2% target in 2024. What Does This Mean For Mortgage Rates: The overnight rate is now at 4.5% Prime Rate has increased from 6.45% to 6.7% New Variable Rate mortgages have increased by 0.25% and are now 6.4% Home Equity Lines of Credit (HELOC’s) will increase by 0.25% (Prime + 0.5% = 7.2%) Fixed rates have not moved (currently ranging from 5.25% - 5.75%). Stay tuned for the next Bank of Canada rate announcement planned for March 8, 2023. Need help with securing a pre-approval? Get in touch with one of our preferred Mortgage Brokers.
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